Our latest insights

Australia is about to witness one of the most significant generational wealth transfers in history. With rapid technological changes, a growing focus on sustainability, and the evolving demands of a global market, the Rising Generation has both an immense responsibility and an unprecedented opportunity.

Legacy is crucial for the long-term success of family businesses. These businesses are usually created with the notion that it will continue operating for generations to come. Constantly balancing performance against legacy is the crucial equilibrium is critical for sustainable business continuity.

Shifting from professional services to in-house accounting is a major career move. Discover how our CFO advisory services can help you navigate the challenges of the transition while enhancing your technical skills and strategic impact.

This National Family Business Day it’s critical to understand the value of legacy in your family business to ensure success and growth for generations to come.

Many high net wealth families seek advice on different ways to manage their charitable endeavours. Setting up a Private Ancillary Fund (PAF) may be an attractive option for your family; it is a tax-efficient structure, but can offer so much more.

The current economic environment is challenging for businesses trying to operate when budgets are tighter and profit margins are squeezed. Family businesses are uniquely positioned as they’re used to maintaining a long-term perspective, naturally fostering a transgenerational mindset through knowledge sharing, learning and investment in the business.

While Family business make up 70 per cent of the Australian economy, only 12 per cent makes it to the third generation. As the first and second generation work on and in the business, it’s crucial to try and keep it alive – to uphold the legacy and ensure the business thrives for future generations.

In this series, we look at the different perspectives of those who are most affected by forecasting and budgeting. Learn from lenders, business owners, and investors who use forecasting and budgeting for different purposes and understand how to use these tools effectively for business decisions.

Some families spend a lifetime generating wealth and hope to financially set up future generations. However, when looking at Estate Planning, sometimes families only consider one generation at a time.

The results of the 2023 Family Business survey report identified top concerns for Australian family businesses in the current environment.

If you have sold or are looking to sell your business, there may be significant Capital Gains Tax (‘CGT’) on the capital gain. However, if you are a family or privately-owned business owner, you may be able to reduce your CGT through the small business CGT concessions (‘SBCGT Concessions’).

The new superannuation contribution caps introduced from 1 July 2024 have provided the opportune time for taxpayers to strategise on how they can maximise their superannuation.